Power Trading Radio, 8/18

Power Trading Radio
Saturday, August 18th
Power Trading Radio, for August 18.
00:51:12

Transcript - Not for consumer use. Robot overlords only. Will not be accurate.

Today's show is provided for entertainment in general information purposes opinions expressed are those of the present are only. We make no promises or guarantees of investment performance online trading academy is not a broker dealer certified financial planner or registered investment advisor enjoy the show. This is how we're trading radio fueled by an online trading academy. Welcome to the show with your first time listener than we are pleased very pleased to meet you my name is right coach we're excited to have you with us today. Joining me as always is my great friend director restructure development and top instructor here at much. You can meet its easy to say that he is whoever wants to be like he's the brains of the operation that is for sure his name is the one the only. Larry Jacobson Larry welcome out and how on earth and you do a great ride and another great show common lot of good information that we're gonna have a good time today we got a lot of a lot of fun filled. Financially packed hour that we have here for your financial bailing out there on these radio airwaves. We are excited to be here in this weaker excuse me the show is always the fastest hour a week Larry I was gonna joke about that the priest in we're gonna turn around the show's gonna be over but we got a lot of great information get to. To make sure you stay tuned in when my favorite things about the show is we get to talk about money I don't know if you're like. Like guy razor thin and like I was that you told not to talk about money if you talk about money it's it's not polite you know don't don't ever ask somebody how old they are how much they weigh or how much money they have well we're gonna talk about money this whole time right we're gonna talk about how to make more money and specifically. How to generate multiple streams of income inside the financial markets and one of the things that I was looking at the other day with a few friends this is the different types of streams of income that you could build. We started finding multiplier seven we're like you know you can build seven different types of active income fairly simply in the market. And then there's three different directions on top of that you're talking about 21. Different streams of active income the very simply can be built outside these financial markets and in that same type of a conversation. Could be set for that active or skin that passive income side of things. Now the active and comes out of the market is to generate our wealth right to get that up and run it and that passive income side things as once we have that well established that critical mass how to get that money working. For us well to have a consistent strategy whether it's passive income bracket income. It's a three part conversation that's one of the things we always spent a lot of time on on the show that three part conversation which is how to make money when the markets are going up. How to make money when markets are going down and how do we make money when the markets are going sideways to have a consistent and come we've got to have that strategy that can operate consistently. And not be. Market direction dependent. Lou Larry what are some of the few things junior structure team are out there kind of showering on the student base right now. Really help them generate more consistent in come in said the financial markets. You know the big thing that its theme of the week would be time and awareness time in the respect of how much time you have available in your life right now. That you could we do nothing and awareness about what's going on the market time. Watching the markets right now right and what's really fascinating is if you're a historian. Going back about ten years. If that has been talking about these increases in interest rates that they're looking to start doing this year well. I take you back to 2008 that's exactly what the Fed started to do. Back in 2007. That caused the correction in 2008 so the sick a snapshot of where we're at right now. This is important to the listeners because if you're not prepared this time you're not aware you're gonna pick caught. Again in that unfortunate situation were all that harder and money's gonna just collapse on you so what's happening right now is. The Fed is getting aggressive about raising interest rates economy is good right now but there's signs out there that could turned. For example we have been seeing again. The market going higher higher and higher. But we know that many years ago we've had unsustainable. Earnings to keep the market this high but what's been very fascinating is. An indicator that Warren Buffett likes to use an hour before. Audience knows who Warren Buffett is the greatest investor of all time it's only worth about 53 billion dollars. Warren Buffett looks at a specific indicator. That is exactly what it was back in 2000 that it is 2007 before the last correction so everything is leading us to that we are overheated right now. And in less our listeners do something to protect their money Ryan did you sit back like they did in 2008 watching all that harder Marty just evaporate again. Yet as the markets go up as the markets go down it's kind of the unit normal cycle so the markets and just did today even soft. You know what the fee was Warren Buffett quotes about the tide going out seal the tide goes out you find out who's sort of naked. And so what these silly mean by that is when the tide goes out we're losing money than that means we don't have a strategy that can perform any market condition you know there we are column our pants down so to speak. So one of the things that happens wanna make sure that we can make money is the markets are going up. And as the marks are going down as the markets we side was generating that consistent and come. It is critical just to keep our accounts heading in the right direction. Now one of the things about this is as the markets are going down. You really want there are I guess I should say one of our goals out the half day class is is to get you to a point where. Where you could start identifying these down markets and not just looking at them as bad because the average person looks at the down market as bad or a down day as a bad day. Did you know that Goldman Sachs back in February made over 200 million dollars in one day. And it was a down day they profited off the market going down sort of things we really like to focus on is really helping people start to see down markets. As an opportunity for an extra stream of income we know how to make money when the markets are going out how to make money when the markets are going down how we have our portfolio. Our wealth bucket. Expand how we generate retirement income as the markets are going down how can we generate daily income as the markets are going down these are just multiple streams of income that we can drive into our lights and drive into that retirement situation to make its went up to spend the golden years. At the golden arches now one of the ways where we can have a few people get started with that is bringing out one half day classes and really getting you kind of deep dive into how all this stuff works and what the easy ways to do that is if we give away a few passes two of our upcoming classes Larry are you ready let's do it. All right well right now it got a half day class. Come up in your area and a half day class is where you'll see exactly what it takes to generate income whether that's passive income or active in coming out of the market's going up down. Or sideways one of the things about the half day classes about three hours long right atop a half day class but it really is about three hours long. And you could spend three hours of your time golfing you can spend three hours of your time. At a movie your baby on social media may be watching TV but why not invest three hours of your time and raise that financial IQ and how that paid dividends you for the rest of your life we all want great rewards. But before we can get that great award we have to make that initial investment in this case you're investments three hours of your time now in just the second you have chance to win a set passes when he's half day classes to get your phones ready if you were driving now is the time to pull over. Included with your passes is our professional insiders kit now this kid is packed with lessons from some of our top instructors let's go on topics like he hits in your retirement strategy. How to make money when the market goes down income generation capital preservation crypto currencies and much much more. The professional insider kit makes so you can get started right now. Scholar centered to honey we need your column now preserve those seats the number is 8443998723. That's a 443998723. If you enemy collars nine or 21 sorry about that they hit us up that 30 GA classic dot com and see if you can score some passes there. You one of the things that's critical inside the financial markets is just understand the timing of things understand. Went to buy and went to sell so that we can buy low sell high and really generating consistent income whether it's passive income whether it's active in come. It that that's a really key topic let's really key point being able to start and stop. At the right time they talked about in the real estate market outs that the three road rules to real estate are location location location split three girls and set the financial markets are tiny tiny tiny. Buy low sell high being able to titles wholesale prices and those retail prices are really help you generate that passive and that active in camp but Larry what are some of the key points you really having our students focus on right now to make sure that they can really generate that income that thereafter. Well our students are actually preparing right now for a decade wide opportunity a windfall so to speak. You know we have recently seen since 2008 about every ten years. We have seen statistically that there is going to be a correction so our students are trained and by the way you know Reilly doing this for over twenty years we have over. Corbett million students have gone Q are academy right now and the beauty of this is. They're learning how to take action when this opportunity arises it's very different than most people out there our listeners who were basically pour when I mean by pork. Is passing over opportunities repeatedly. Right now our students have been waiting Wall Street has been waiting for this decade long windfall the last time we saw a major correction was in 2008. Wall Street made more money in that year than they had in the prior ten years saying he's gonna happen again you can see people become very very wealthy. Simply because they learned how to prepare to take action in the markets go down now we really haven't had that experience at all. Markets have gone a little sideways the past couple years. Mostly up and again I always laugh because everybody knows how to make money in a bull market what they can't do. Is sustain wealth and make sure that they're preserving this harder and capital. When the markets go down and again now what's funny is our students are gonna have the best year of their lives once this happens. He'll be cheering on Wall Street. From everybody involved because they know what's coming but they know something that most of our students know and most unfortunately most people out there don't know. There millions of being what the F two dollars or two million dollars doesn't matter we wanna how that money consistently growing amount money generating. Consistent income now we have two dollars we're going to be focusing on the active income side of things we could build up that well. If we have two million dollars they were more focused on the passive income side of things but it's all about generating. More income through the financial markets with a markets are going up down or sideways and the market falls about three times faster. Then it goes up you know they say we take a long position it's like taking the stairs and when you take a short position it's like jumping out of a window. Hey how fast it goes down so think about that not only is he down market. An opportunity to generate income. It's an opportunity to generate three times as much income roughly in the same amount of time. We'll give an example back in February we didn't have anywhere near the correction that we can be having now Goldman Sachs make 200 million dollars in one day. That's one day ladies and gentlemen imagine that if you had a just a portion of that that you in a position like Goldman Sachs to learn how to make money when the markets went down which is known as shorting the market. This could be urine to hire opportunity to set your selves up once and for all. For retirement or for income that you've been waiting this could be the difference of freedom of finding a job change that you really have been wanted to do for a while. Right now the half day class coming up in your area and a half day classes we'll see exactly what it takes to really generate that consistent passive. Or active and come with the of two dollars or two million dollars you can be able see exactly what it takes to get your money generating net income you deserve the really reached that point of alternate financial freedom. It just a second and have a chance to win a senate passes the one of these half day classes if you're driving now's a good time to pull over get that phone out. Included with your passes is our professional insiders kit this kit is packed with lessons from some of our top instructors. Lessons on topics like enhancing your retire or strategy. How to make money when the market goes down income generation capital preservation crypto currencies and much much more the professional inside a kit makes this a you can get started right now. Keller center to honey we need you to call now reserve those seats the number is 844. 39987. You treat. That's 84439987. Victory. Begin at eight dollars nine or twenty ones are about that in just a bad three OGA classic dot com feed toward the best there. We've got to take a quick break the very we have of course next let's talk about that next piece which is how you make. During these type of corrective market just in general most people wanna learn how to make it without us. Income generation would trying to Larry we'll be right back. If you could invest just about three hours to open yourself to strategies that can make you financially secure for life would you do it. For over twenty years online trading academy is transform lives worldwide. With their exceptional trading and investing education. And they would like to invite you to a free happy investing class near you. Here's 11 recent graduate had to say. Well I think it kind of me and taught me is that he got to have a plan and give me the fools if they get better trader about a planner. About a father. Let online trading academy help you pursue your financial goals so you could have more time to focus on what really matters to kids there is static because. I'm available now we can eat together as a family. I get my trading down and and asked her happy are you ready to start living the life you've dreamed of learn more at Friel TA class dot com that's free OTA class dot com. Listen to talk thirteen seventy anytime anywhere on the radio dot com now. You're listening to power trading radio. Welcome back if you're just tuning in you miss Larry Jacobson director construction development and tough instructor and a majority get beat the brains of the operation. If you are with us over the last segment and tell you what he was talking about we really spending some time indicting even how to make money no matter what direction the market goes through talking about half an encumbered talking about back. Didn't come within the markets are going up down or sideways and as these markets start to fall. Isn't powerful it is a is a critical life skill like to say to be able to generate income. As the markets are going down it is very much can be very much of a life changing. Like GG skill if you look back at the wave of billionaires and when their created it's it's incredible to see. How many new billionaires are created. In these drops in the market now goes back to or talk about just a few minutes ago as far as. How fast the market goes down you see their wealth just expand being able to take those positions the profit on the way down on Larry and I both touched on in the last segment. How Goldman Sachs actually had over 200 million dollar day. All of the market was going down their position to make money if the markets took a big step down the took a big step down. And Goldman Sachs is portfolio took a big big big step forward with a you're just tuning in. Maybe your first time listener may be even with us for the whole show get excited the best is yet to come a Larry a lot of our listeners you know they they call and they talked just a lot about how much they love all the income conversations we haven't had some of them are looking to replace their income with trading and investing in the water looking to really upgrade their lifestyle with a little bit of additional here kind of supplemental income and summer just you know really looking to fire their boss and her about a month ago I had a couple students coming in saying. They're number one goal is to fire their boss and so they're looking more for a primary source of income out of these financial markets but whether it's. Supplemental income whether it's primary income whether it's passive income whether it's active and come. What are those key points you're having your but he focus on what those those I Haas and those type does that you're given out to the students right now to make sure that there really heading in the right direction no matter what their income goal is. Well we teach our students is simple step by step simple investment strategy designed to help them understand where the big banks are buying and where they're selling. Once you understand and you're able to understand something as simple as. We ought to be buying a way to be selling you could start to learn how to generate additional income sadly when I speak to students. It's no fault of their own especially people listening to us right now. They've been told their whole lives only way they can make more money is by getting another job wolf. Here's your problem here's the rub most people come into the academy wanted to learn how to trade so they can leave a job they don't want they wanna learn how to. You know preserve capital they've worked so hard to say maybe spend more time with their family go on vacations. There's no way high. Possible that there are going to be able to create that freedom that you're looking for they're gonna work yet another job that's even further and further away from freedom. To a lot of our students what they are learning right now. Is how to generate income in the market you guys mentioned this many times right most millionaires out there have at least five streams of income. We teach our students step by generating income through the markets. They're gonna go ahead and learned that simply by learning how to trade they're gonna enhance not only their money but also their freedom and life most people. Are fed up right now they don't want someone else kind of going ahead in defining their worth anymore you know you get a paycheck and someone else is telling you what you're worth. Well people are fed up with that right now also if the markets are gonna react like we said in the first segment in a lot of jobs might go away and evaporate like it did in 2008. Yeah absolutely. We always have those kind of classic economic cycles that that there really. Lend to that and it's a very natural process or otherwise we wouldn't have to 300 years worth of data even tracking this we look at. Economies around the world and and historically you go back DC. The expansions you see the peaks you see the contractions you see the troughs and and they talk about the cycles of these all go through. This is because you know you go back the old the old Alan Greenspan terms the rational exuberance things just aren't sustaining you can't hold. A he can't hold a 45% inclined. Of growth consistently it just doesn't work out that things just catch up to you we've got to strategize we've got to fix it got to cut costs this is how businesses work that's how economies work. And unfortunately what happens is when we get kind of a little over extended. Beings pullback we pull back on hiring we pull back on salary we collect. On all these different things and and that's sort of things that has me really. Ten concerned about the situation we're in right now a warmup as a fun afar another fund quote or kind of talking a lot about him on the show but one of the things that I love one of it hit my favorite quotes is when the masses are fearful. It's time to be greedy. And when the masses are greedy it's time to be fearful and I was just penetrate change that overnight call I call that when the masses are by and it's time to be selling a lot when the masses are sun it's time to be by a and we think about how our markets working how our economy works. Right now or a situation where were all time highs in these financial markets you know a couple of Omar at all time highs right and other ones are just near as far as our indexes go when you look at that being at these all time highs. We literally should have more money in our bank accounts than we have ever had in the history of us right because of where these markets are. And that may or may not be the situation you're sitting in right now but it should be based on market activity but just knowing that we're at these all time highs were revisiting these all time highs PE ratios are higher than they were back in 2007. They're almost in some sectors there almost as high as they were back in 2000 which is just unheard up. If we get to those points of unsustainability. The natural correction process is for prices to come back down to earth come back down to the mean. Come back down to the average as prices are falling the average individuals losing money but somebody with the appropriate skills. Is generating a great stream of passive it great stream of supplemental or maybe even agree stream of primary income. Often these dropping markets off of this contraction inside the economy to go back to 2007. You go back into that 2007 or 2008 we had the markets falling you can go see Paulson you can go see his hedge fund making billions of dollars as the markets is coming down you're breaking records left and right because there's a great opportunity to generate income as a market's going down the first thing we have to do you got to know how to do it at a great place to learn how to just learn to see exactly what it takes to generate income and a falling market is out of one of our half day classes Larry about a giveaway let's do it. Right now gotta have to class coming up in your area and a half day classes where you'll see exactly what it takes really generate that income. Whether it's primary or supplemental whether it's active or passive with a marked are going up down or sideways it doesn't matter if you two dollars two million dollars you can see exactly what it takes to get your money generating net income you deserved indeed that ultimate point a financial freedom. Now I just dissect you're gonna have a chance to win a senate passes when he's half day classes so if you're driving pull over and get that phone out included with your passes is a professional insiders kept now this kid is packed with lessons from some our top instructors. Lessons on topics like it hits in your tire strategy how to make money when the market goes down. Income generation capital preservation crypto currencies and much much more the professional in senator kit makes is so you can get started right away. 'cause sensor to when he we need you to come now and reserve those seats the number is 8443998723. That's a 443998723. If the enemy collars nine or 21 say about that they hit us up at 30 GA class dot com and see if you can score some passes there. There as far as the supplemental income side of things and even the primary income side thinks. You know the supplemental income love so much that that that conversation because it really does lend itself to multiple streams of income right we're talking about supplemental income they could be multiple streams of supplemental income a little bit from currency a little bit from commodities it we also have our job you know one of the reasons. Job that acronym JOB stands for just over broke is because the average individual only has job as a source of income and if it goes away we're in that quote unquote. Broke situation here where we have more money going out that we have coming in. Multiple streams of income is is that they they get so excited when we say supplemental because now we have lacy income from four X we have some some some passive income soared from some derivatives are some four or from some dividends and I'll send their sports there's commodities or stocks there's two rivets. And maybe there's jobs now the average individual who has the kind of aspiration of reaching that that that that that financial freedom level. They can see very very quickly very very simply how they can build out those 4567. Different streams of passive or active income. Somebody already has maybe a million dollars two million dollars three million dollars they can see very quickly how they can generate those five different streams of passive income right there's that pathway for everybody but the term supplemental income I just love because it really lends itself to. Multiple streams of income we'll look at comes down to one thing really successful trading is to transfer money from people who don't know what they're doing to people who do you know what you're doing. And it comes down to what we've been talking about on the show our theme of time and awareness. From the standpoint of awareness it's not most people's fault that they're not making money in the markets right now they've been very emotional and trained intensely that way. By the markets and let's think about it every time the market goes up people get very very greedy this is a good thing. When the markets go down they start to freak out they immediately go into emotional mode and start losing money. We're professionals they're trained like our students. You can make money in the market goes up you make more money when the markets go down but most importantly we teach our students how to manage risk. So imagine you're learning a skill right now which you can make money and shift away from being emotional to start being strategic as far as time. And what you do you're in the car right now are you listening from us at home. That about two years ago and some of the goals that you set for yourself on the take vacations have to spend more time my family I can't take this job anymore. The reason why most people get stuck is they don't invest in themselves they don't get educated. They're constantly taking these market fluctuations in what's happening is you're living this emotional roller coaster where most. Professionals out there like imagine pro Iran they're waiting for this opportunity for the markets now to turn around. Now let's face it the market goes down three times faster than it goes up which means. Students are now it waiting I mean there almost like come on are ready this is gonna be a fantastic year and again why the shift occurs. Is we teach our students how to manage their time. How to manage risk and like you're saying imagine start generating income while you sleep you don't have to be sitting and another job. Wasting away your freedom and time simply because you're not willing to get up and get yourself educated. Now let's get that money working real hard there's men at work and money at work and let's get the money. Work and right now got a half day class coming up in your area and the half day classes were to see exactly what it takes really get that money work. Generate that passive income generate that active income whether it is primary income. Or supplemental Skittles multiple streams of income going what he got two dollars or two million dollars you can you'll see exactly what it takes to get your money working for you. And get to that point of what I tell all to what financial freedom now just the second you're gonna have a chance to win a setup passes to one of these half day classes to get your phones ready and if you're driving now is a great temple over. Included with your passes at the professional insiders kit. Now this kid is packed with lessons from some of our top instructors lessons on topics like enhancing your retirement strategy how to make money when the market goes down income generation capital preservation crypto currencies and much much more. The professional inside a kit makes this so you can get started right now. Because center to when he when you account now and reserve those seats the number is 8443998723. That's 844. 3998723. At the end of because nine or 41 say about that they hit us up that 30 GA class dot com concede it's worth about there. Can take a quick break but Larry but we do let's talk about the elephant in the room as well as your biggest bucket of money and retirement. What even if you if you experience. Retirement conversations with a right Larry we'll be right back. At online trading academy our mission is to offer exceptional financial education see you could live like you've always wanted maybe it's just having that peace of mind so you don't have to worry so much about the bills or even just having the luxury of not working so hard you have more time to spend with the family graduates of online trading academy share with us all kinds of stories here's what one recent graduate had to say. I bartender and a casino basically they're open 24 hours a day seven days a week and so I hadn't had a Christmas off and maybe eight years I hadn't seen my mall. For Christmas and she abruptly passed away and that's when you know I knew I needed to do something different needed I timing of my life another student says. I was actually to Brent happy and that career at and trading that's something that I had always wanted to do and so decided that put a particular fault our start. Change my life. Learn more visit us online ad free OTA class dot com. That's free OTA class dot com will add online trading academy our mission is to offer exceptional financial education so you could live like you've always wanted. Maybe it's just having that peace of mind so you don't have to worry so much about the bills or even just having the luxury of not working so hard to have more time to spend with the family graduates of online trading academy shared with us all kinds of stories here's what one recent graduate had to say. I part tended at a casino basically they're open 24 hours a day seven days a week so I hadn't had a Christmas off and maybe eight years and I hadn't seem him off. For Christmas and she abruptly passed away and that's when it you know I knew I needed to do something different needed I timing of my life another student says. I was actually to Brent happy and as prayers and trading that's something that I had always wanted to do and so is either does put a particular fault our start. Changed my life. Learn more visit us online at three OTA class dot com. That's three OTA class dot com. This is Howard trading radio is now back to the show. Welcome back if you're just tuning in you missed Larry Jacobson director of instructor development and top instructor on the entry NB. Futures shed some light on how to generate more income we are talking about past events helps protect that active until we've specifically really talking about primary income for supplemental and have. One of the things I was mentioning I love so much about just talking about supplemental income. Is it really does start to emphasize more than one piece of income right talk about supplemental supplements for this and supplements that. He we start to have our we saw our job we still have some income now from the currency markets and incomes are from some derivatives you know whatever that ends up being but as we start approaching being supplement only we say okay we'll hear from this a little bit from this and it really does start to really push towards. That multiple streams of income which we go back through the average millionaire there's I think it's that they averaged just five different streams of income so being able to have that. That consistent flow a little bit from here a little bit from there. Is what takes that financial pressure often makes is so easy for Samir really operate in that space which is known as financial freedom. Well whether you're just tuning in maybe your first time listener maybe you've been with useful for the whole show get excited. The best is yet to come in Larry a lot of our listeners are new to the markets they're just looking at start off on the right foot. And some have been investing for awhile and not quite really reaching their goals and what are things that we hear a lot from the individuals out there is is that they are. Are saying I am not quite sure how to even safely. Invest this what are worsen the golden nuggets what some of the guidance you in the instructor team really kind of laying on for the students right now who may fallen to maybe maybe both of those categories are these ones are from wanna go to the other. You know how they generate more money or how they safely invest really what they have. Wanna keep to our theme of time and awareness today and if we take a look at time the biggest question that you have to ask yourself this when you wanna retire and do you have enough money right now to do so. Most people don't realize you look back in 2008 we go back to 2000 tech bubble. It takes about on average now five years for the markets recovered just to break even of where prices were before correction. Well here we are now wave beyond the normal cycle were much higher than we were in 2002008. And just so people out there are predicting it could be a 60%. Correction right now how many years you think that's gonna take to get your money back and we can't afford it. Because all of a sudden if you were thinking about retiring and you thought maybe you had money. The got to keep in mind is the price of everything that your buying right now is gonna go up. Just think back your child had nothing is worth the same as it was back then if we're going into the future. Prices of things as we consume gas food energy everything we'll keep going higher and higher. As far as awareness right now the biggest thing our students get an aha moment from. Is realizing that everything they've been told about how they're planning for retirement is wrong you an example Ryan sort of person has come in thinking that by listening to there. 401K administrator of the benefits office all you have to do is this. We tell you those words the most dangerous words you're ever gonna hear when it comes to for an financial planning. Because the bottom line is when I talked to students and they start talking about how much later actually generating every single year in the market. It's nowhere near what they want because unlike dieting a one size fits all does not work. In terms of how much money you're gonna have to make are you gonna be aggressive are you to be conservative and sadly. All you need to do is this puts everybody in the similar bucket. And they find out by timer retirement. The are grossly underfunded and what they're gonna need to live on and this is twice at least so many Americans now find themselves having to go back to work. Years after they retire because they just outlive their money. Yeah and it say it's a harsh reality that that that spans across the globe. You know I've spent a bunch time in India as management's timing candidates it's about time in. Europe and Asia and it's an and it's something that hits everybody and we we we fail to plan which means we need to plan to fail really is kind of the the kind of breakdown of that and and it's very it's it's very interesting how a lot of the times. We are recommended to have what I call the ostrich strategy just bury our head in the sand and just hope we don't hope we make it through this storm. Where where the if you traders and investors out there are are skilled enough where they can make money is the market's going up or down. Their retirement continues to grow the market start to pull down. The economy start to contract. You know we have currency issues are of interest rate issues you have all these different things that were look we're staring right in the face right now inverted bond yield curves all these different things that are. Do their classic signs of the next kind of drop in the market and that doesn't have to be viewed as a bad thing. And see a drop in the market it's actually very normal thing now can it be normal instead of Baghdad is that good yeah that's good port to port to be viewed as normal what's even better. How to be viewed as a moneymaking opportunity. A way free to generate more retirement income as the markets are going down to again they go down almost three times as fast as they go up so if you made X percentage over the last year in your retirement account. What if the next down what's the next you're down here and you made three times as much. In the next years you did last year just gives you knew how to make money as the markets are going down calculate those type of dividends on what type of return you can get by becoming a trained a skilled investor who knows how to make money as the markets are going up as a mark to going down as the markets are going sideways one of the best places to really get introduced to these to these skills into these tactics. Is out of one of our half day classes we've got a few passes sit around here Larry how about giveaway let's do it. Right now we've got a half day class coming up in your area and a half day classes where you'll see exactly what it takes to really generate that retirement income that consistent retirement income. Whether the markets are going up with a markets are going down with a the market's going sideways where the two dollars a year retirement account or two million dollars in your retirement account. You're bill see exactly what it takes really get that money working for you and get you on track or even get you to a higher level of that financial freedom they are after now just the second you're gonna have a chance to win a setup passes to one of these half day classes. To get your phones ready and if you drive and now's a great time to pull over. Included with your passes is our professional insiders kit now this kid is packed with lessons from some of our top instructors. Lessons on topics like enhancing your retirement strategy how to make money when the market goes down. Income generation capital preservation crypto currencies and much much more. The professional insider kit makes it so you can get started right now. A center Tony we need to call now and reserve those seats the number is 8443998723. That's a 443998723. If you enemy collars nine or 21 sorry about that they hit us up that free. OGA class dot com and see if you can score some passes there. There were oversold this kind of retirement. This this retired topic in income for retirement. I was like to look at that as an LA times also you know it's either in comfort of their income for tomorrow which one you know I would stress that it's always income and it's always that they've come. Now it's about generating net income so we can. So we can reach those levels of financial freedom right financial freedom today would be the comfort of their financial freedom tomorrow which is that retirement type of income. Now what are some of the course of the key points where people can kind of cross that bridge from from that passive income that supplemental income. In that retirement incomes data what are some of the keys they need to be focusing on to make sure they have enough money when they do get there. First and foremost you have to invest in yourself you need to get educated right now because the good news is. If you make yourself aware of where your currently yet today you can fix this this is reversible. The whole idea of understanding and being aware of what you need to retire because its face it nobody wants their work their whole lives and on their deathbed go G right. Which I worked another day right also the bottom line problem that most people faces that just how to do this. And so think about it every week now you're depositing money into a retirement account but you doing at an all time high. So as a result of the majority of the money that you've been saving the last couple years you've been barred met at an all time high and we have a three time. Faster correction. It's gonna wipe that money out vs students were learning not only to adjust their portfolios to meet their need what they're gonna wanna live on. So they can outlive their money but more importantly. That it thinking get out it. Not near not at all time highs but near the highs like they could in 2007. More importantly imagine that you have to hash. You're sitting in cash at basement bottom prices like happened in 2009 we need to be picking any stock that you want to invest in. There are people out the air buying Amazon near a hundred. You had all these opportunities to ride stocks up to these astronomical highs right now. So it amazes us that there's so many people out there that just don't address it one of my favorite movies Ryan the pursuit of happiness. Will Smith betray Chris Gardner. His mother in the movie once said the cavalry eight. Comment you have to realize that right now they're predicting that Social Security to run out by 2034. Most of the pensions out there are completely. Under funded by trillions of dollars and that's on shaky ground. The only way you're gonna protect yourself into the future or your family is by getting yourself educated and fixing the problem before becomes an fixable. Yen in my in my Dennis office doctor are buckle give him a quick shout out this week my Dennis offices the kid. There is up up plaque up in every single dent in every single room and it said don't worry about your teeth. And it'll go away and unfortunately we don't really. Take action until it's almost too late. You know and tell we've lost our investing capital in also and it is shouldn't take a thirty or 40% hit inside of our retirement account. For us to decide it's time to learn how to manage our money may not only just at that time and hit her retirement account we could say that type of a hit again inside our retirement has already happened before. But he happened multiple times before. The so if we come in here we say okay let's be proactive. About taking care of our money let's be proactive it's just like change in the oil in your car by the sink let's be pro active on making sure that we're taking care of these assets our car our home. Our retirement account that retirement account as what's gonna fuel that car. And keep that home warm. In the years to come anyways we gotta keep it close eye on it. Now Larry we are coming up to about a break but we might be able squeeze a little giveaway Europe for let's get people educated Ryan well right now got a half day class coming up in your area the half day classes were you see exactly what it takes to keep that retirement account grown. Generate that retirement account and come and where the at two dollars or two million dollars an hour retirement account. You mean it's able to see exactly what it takes to get your money working for you and get you closer to that point a financial freedom that your after. And just a second we're gonna have a chance to win a setup passes to one of these half day classes so get your phones ready if you're driving now is time to pull over. Included with your passes is gonna be our professional insiders kit. Now this kid is packed with lessons from some of our top instructors. Lessons on topics like enhancing your retirement strategy how to make money when the market goes down income generation capital preservation crypto currencies and much much more. The professional insider kit makes it so you can get started right now. College center joining we easy to call now and reserve those seats the number is 8443998723. That's 8443998723. If the enemy colors nine or 21 sorry about that they hit us up that 30 GA classic dot com and see if you can score some passes there. We've got to take a quick break from Larry I am curious. We have of course next let's talk about the lifestyle of the trader how. We're gonna play a million people who look into the lifestyle of a traitor when we come back trying to Larry station. Making talk radio upgrade again somebody has to come out and tell it like it is. Top thirteen seventy the great list. You Howard trading radio now back to the show. Welcome back if you're just tuning in you missed Larry Jacobson director instructor development and toughest record on the entry he hit me. Please shed some light on income that retirement they were talking out of retirement accounts. How to get that money really working when things we touched on it doesn't matter if two dollars or two million dollars and retirement account. That's really critical that we understand how to get that money working for us and how that consistent growth within the markets are going up down. Or side if you don't wanna just having come as mark points higher we'll have income of them. Our pets are going lower and that jet that generally is what separates the pros from everybody else does that consistent stream of income whether you're just tuning in maybe your first time listener even with us for the whole show. Get excited the best is yet to come and Larry a lot of our listeners are not quite sure they have enough time to add investing in their life you know after all there's like 24 hours a day. In our life right now. And right now we're using all among them let's face Hollywood makes proactive investing may make that look like a very stressful occupation. You know there's always the this that the shot of the the traitor the investor with eighteen monitors they're sweating profusely they just took their hypertension medication. You know they're they're getting yelled out by somebody and it's just it just looks crazy one of the things I respect comical about that is it's pretty much the exact opposite. You know and I'd love to hear kind of your point of view on this but when you're pro actively investing we hear. When you're generating income money pro active stance meaning you're making decisions before things happen to there's a difference between being proactive. And being reactive. Reactive is when something happens we react to a we don't know if things go crazy we all motion on and that maybe starts to sound like those crazy movies. Right when your reading proactive. Your column we identifying a wholesale price to buy and then a retail price where you can sell and now you're just operating like a professional. Buying whole cell selling it retail generating income of the markets are going up down or the market is going sideways worsen the key points or what are some of the key insights you can give us into the lifestyle the trader. Into what people are focusing on how it's even impacting their life and giving them that that level of financial freedom of security that thereafter. Well this difference between procrastinate Sheehan and intention. Most of our students right now learning how to intentionally. Re up there are times so that they can do things they really looking to do as I mentioned the first segment Ryan. A lot of our students think they're coming here to learn how to make a lot of money that is true but more importantly they're learning how to make up time. Because every day let's just pretend that if I said two people listening out there depending upon your age every year of your life going forward represents one more opportunity. To give ten years left that's what you think you have you have to have more opportunities. To spend more time with your family. Go out and change careers do something you've always wanted to do. It's very simple because that's what professionals do they go out may learn how to create the life that they want. And they work backwards to learn how to invest which trading plan which we. Go over in teacher students how to do is. How to live life intentionally that your looking for some eagle out there right now believe this is hard. And Wall Street stunned that you intentionally they told you this is hard he said you can't do this because if you've learned this simple skill. And you can learn how to treat it like a professional does will be buying were to be selling. Then there's no way to academy does commissions and fees often view but so many of our students come in. They're excited to say well. Once I can do this I can start actually trading on vacations. Actually take vacations and we owe them of course there's not a lot of stress to this you can put in a small amount of time in fact. We teach our students they called the three hour trading day. Most of our students are making money in the first three hours of the market opening think about that so you know it's been a pretty your computer. Aimlessly staring at an all day long no you're giving yourself an opportunity to generate income should the short term the long term. And you're behind yourself back time. Because of the one thing we can never get back Ryan and so many students come in. And now the fact that we have the opportunity through technology to trade anywhere in the world any time because. Really now 124 hour market depending upon what your trading. You can learn how to make money and some are students have done very very well I have a student named June and in fact she jokes all the time it's it's gonna start sending us postcards. While she's golfing in Costa Rica now that's funny because she says I get a trade before after she was after. There's actually got the morning and play around of golf and come back in trade. But this is now open the door to so many people. We're just miserable in their current situation. And it really starts with getting yourself educated because it zig ziglar once said you don't have to be great to start but you gotta start to be gray. Yeah and you might be a situation where things aren't that bad that you want him to be better or you might be in a situation where where maybe you do feel like you just need to make some changes to be a little happier have a little more financial freedom and and Larry was talking a little bit about the money side of it earlier but then. The Medicare part about what he was just saying was what that money can do for you it's really all about spending more time doing those things you love whether it's out golfing weather spent time with the kids. You know met no matter what it is. That's really that that point is that financial freedom side of things getting that point of financial freedoms means we get to do the things that we wanna do. Rather than the things that somebody's telling us to do. Right and one of the first steps in reaching that financial freedom one of the first things about kind of upgrading that lifestyle or continuing that lifestyle without any stress. Is really getting educated and really understanding how to make this all happened. And no better place to do that or to get that ball rolled that out of one of our half day classes Larry are you ready for giveaway let's do it our idol right now got a half day class coming up in your area that they classes where you're gonna see exactly what it takes. To really beat out proactive investor and keep that money growing whether the markets are going up down or sideways. Generate that income no matter what whether you got two million dollars or maybe two dollars it doesn't matter you're going to be you'll see exactly what it takes. To get that money generating that consistent in come and get you to that point of financial freedom that your after it just a second you're gonna have a chance to win a senate passes to one of these half day classes to get your phones ready and if you're driving now's a great time to pull over. Included with your passes are professional insiders Kitna this kit is packed with lessons from some our top instructors let's not topics like enhancing your retirement strategy. How to make money when the market goes down income generation capital preservation crypto currencies and much much more. The professional insider kit makes this so you can get started right now. Keller center twenty we need to come now in reserve those seats the number is 8443998723. That's a 443998723. If you enemy collars nine or 21 sorry about that they hit us up that free. OGA class dot com and see if you can score some passes there. And Larry whenever I'm looking it. You know that lifestyle side of things whenever I'm looking how to Wii Fit this. Into our life the thing that I know the point I was like to make it everybody is this is not about creating another full time job we talk a lot about that on this show. You know anybody who grunts get another full time job at that really takes away usually from the financial freedom. Right the financial freedom conversation is two parts its financial and its freedom right going getting another job adds to the financial but it doesn't add to the freedom. Re learning how to trade learning how to invest appropriately learning how to generate that passive income. And that active incumbents out of the market is how you get that kind of win win scenario where you get that financial aid and it also comes along with the freedom side thinks the worst of the key points you guys are helping the students with as far as kind of bridging that gap between financial and freedom and making sure they have both of those working Sewell. Sleep or toss about realistic expectations Ryan I always ask students and she has BO OK within extra hundred dollars a week that's what's 500 dollars more a month. So it's not about killing it breaking the bank on day one I'll give you an example about. How this could change your life that a single mom you know her Gharib real up and she came to us because she wanted to put her two kids through college she was really nervous. And as a result Natalie she it will learn the skill. Put her kids to college but she went up by herself her dream car a Mercedes that's all she wanted what's fascinating to me. Is that people are now starting to realize. That by simply taking the time to get themselves educated understanding. That by learning how to treat it like the professionals do. They can find freedom in their lives that's more than any amount of money can be put into words. And on top of that Ryan imagine this is a steely impasse that your kids your grand kids. There's an opportunity here to change everything you've been talking about for years. Absolutely and now setting those goals of financial goals at the beginning of the year wanna make Exxon spent more time doing this. And I can actually build up that blueprint of exactly how to get there and that's one of my favorite things. To do with new students as they come on the say this is my goal. Michael is I wanna spend more time doing this a cable cool what's it gonna take kitchen their lawyer I need to spend less time or for fuel how much less time and how much. How much money do you need to offset that now you can reverse engineer thinks it's actually a very simple process to go in and figure out. How much. Money we need in order to do things that we wanna do and then figure out what we need to do in the markets to be able to generate that money. And maybe like you're saying realistic expectations maybe it's not something we can do overnight. Is usually not right learning to trade learning to invest the needed generate income in the markets is a process not an event it's not like you just throw a switch and here we are. Right at the same time we can reverse engineer that and said he pathway to success and bill that pathway that blueprint. To financial freedom and one of the key points in being able to really generate that income is to have the knowledge. And have the skill right the knowledge the understanding and then the skill to go in. And apply to implement the strategies inside the financial markets and there's no better place. To get started building that now it's building that that road map and even building that skill. Then inside one of our half day classes and we've got half day classes coming up well before we do a quick little get away I got to get the permission from. Larry Jacobs and Larry are you ready for little giveaway illustrate some people's bucket listen the bucket lives there we go. Right now gotta have to class coming up a year area and a half day classes where you're gonna see exactly what it takes to generate that consistent and come. Within the markets are going up with a markets are going down with a marks go sideways. Whether you have two dollars or two million dollars you're going to be able see exactly what it take see your money generating the income you deserve and EU closer to financial freedom. In just a sec you're gonna have a chance to win a senate passes the one he's half day classes of future phones ready if you're driving now is a great time to pull over. Included with your passes is our professional insiders kit now this kid is packed with lessons from some of our top instructors. Lessons on topics like enhancing your retirement strategy. How to make money when the market goes down income generation capital preservation crypto currencies and much much more. The professional insider kit makes us so you can get started right now. Collars to answer twenty we need to come now and reserve those seats the number is 8443998723. That's 8443998723. If you enemy collars nine or 21 sorry about that they hit us up that free. OGA class dot com and see if you can score some passes there we are at the end of the show and I said it once and I'll say it a thousand times this is the fastest hour of the week Larry thanks for hanging out. It's always great here you know. So it was important that we get our students educated they learn the right way to make money in the markets and so as us like to say right you know education appreciates possessions appreciate it to you are radio financial family out there are things bring Elvis today and we will be back next week between now and then mail your trades between. If you could invest just about three hours to open yourself to strategies that can make you financially secure for life would you do it. For over twenty years. Online trading academy is transform lives worldwide with their exceptional trading and investing education and they would like to invite you to a free have to investing class near you. Here's what one recent graduate had to say. Online trading academy. And it's obvious that he got to have a plan to give you the fools if they get better trader about a planner. About a father. Let online trading academy help you pursue your financial goals so you could have more time to focus on what really matters to kids there is static because. I'm available now we can eat together as a family. I get my treating guy and and actor happy are you ready to start living the life you've dreamed of learn more at Friel TA class dot com that's free OTA class dot com. The preceding program was provided for entertainment in general information purposes opinions expressed are those of the prisoner only we make no promises or guarantees of investment performance online trading academy is not a broker dealer certified financial planner or registered investment advice.
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